Ripple has continued to expand its stablecoin supply by minting an additional 50,000 RLUSD tokens, bringing the total amount to $48 million. This development was confirmed via the Ethereum blockchain through a community-based tracker at block height 21041720.
The tokens were transferred to a designated wallet, part of Ripple's ongoing strategy during its testing phase as it works towards fully unveiling RLUSD. This move indicates Ripple's endeavor to strengthen its position within the stablecoin market.
